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Opticians/Eye Wear

Specsmakers Opticians

  • Area Req
    -
  • Investment Range
    Rs. 10lac - 20lac
  • Franchise Outlets
    No Outlets
Business Details

Specsmakers is Indias fastest growing optical chain with currently 75 stores. All the stores are company owned and they have a centralised process system in place. The company deals in prescription eyewear, Sunglasses and contact lenses. Each store of specsmakers comes with a completely computerised eye testing facility. The company plans to grow to about 500 stores in 3 years and is very aggressive in its marketing space and domain. 

Investment Details

Commenced Operations

Operations Commenced On2005

Franchising / Distribution Commenced On2010

Franchise Details
Units

Area- NA -

Investment Rs. 10lac - 20lac

Franchise/Brand Fee 200000

Royalty/Commission- NA -

Expansion Locations
North

- NA -

South

Tamil Nadu

East

- NA -

West

- NA -

Central

- NA -

Union Territories

- NA -

Franchise Details

Want to expandNationwide

Exclusive territorial rights to a unit franchise No

Performance guarantee to unit franchisee No

Anticipated percentage return on investment 20%-35%

Likely pay back period of capital for a unit franchise - NA -

Other investment requirements - NA -

Property Details

Type of property required for this franchise opportunity - NA -

Floor area requirement - NA -

Preferred location of unit franchise outlet Non-Prime with good foot fall.

Training Details

Detailed operating manuals for franchisees No

Franchisee training location Head Office Chennai

Is field assistance available for franchisee? No

Expert guidance from Head Office to franchisee in opening the franchise Yes

Current IT systems will be included in the franchise Yes

Agreement & Term Details

Do you have a standard franchise agreement? Yes

How long is the franchise term for? 5 Year

Is the term renewable? Yes

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